Latest News

Australian oil and gas company Santos will sell a 50 per cent interest in the Mereenie oil and gas field in the Northern Territory to Macquarie Group, which will join Central Petroleum as owners of the asset.

It is also Santos’ second sale at Mereenie in the past two years. In September 2015, Santos sold a 50 per cent share in the gas field to Central Petroleum, which took over as operators of Mereenie following the deal.

For Macquarie, the agreement helps it edge closer to Central Petroleum, a company it made a failed takeover bid for in November.

Queensland University of Technology (QUT) robotics researchers say they have developed new technology to equip underground mining vehicles to navigate autonomously through dust, camera blur and bad lighting.